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CoolMed expands to accommodate accelerated growth in demand for medical fridges

Medical refrigeration experts, CoolMed, have relocated their Manchester premise to allow for further expansion amid growing demand for medical refrigerators. The move will see CoolMed remain in Manchester but relocate to a much larger facility in Trafford Park.

The new Trafford Park premise will provide CoolMed with much more space to accommodate their growing stock levels and develop their future expansion plans. The facility will also offer CoolMed a central and accessible base, allowing them to supply all corners of the British mainland and Northern Ireland with medical refrigeration quickly and efficiently.

Regarding the move, Stephen Johnson, Managing Director of CoolMed said: “CoolMed only started trading in 2017, so we’re thrilled to be able to scale-up so quickly. The demand for medical refrigeration has never been higher, so we needed to relocate our headquarters to allow us to keep up with that demand. Our new headquarters in Trafford Park will allow us to accommodate the large orders that we’re seeing and expand our product range even further.”

Originally founded in the early 2000s, CoolMed has grown year-on-year under several different brand names. The CoolMed brand was launched in 2017 to bring high quality, hi-tech refrigeration products to the medical industry at cost-effective prices.

Since 2017 CoolMed has seen demand for its products increase exponentially. In the past 3 months alone CoolMed has supplied over 1900 medical refrigerators to businesses throughout the UK and seen turnover reach £1.3 million. The company is currently on track to achieve £2.5 million turnover in 2021.

Due to the recent COVID-19 pandemic, medical-grade refrigerators have been more in demand than ever, and the subsequent vaccine roll-out recently led to one of CoolMed’s biggest contract wins to date. CoolMed are now Lloyds Pharmacy and Lloyds Pharmacy Clinical Homecare’s exclusive supplier of medical-grade refrigerators and will be for the next 3 years.

The move to new premises in Trafford Park will provide CoolMed with the space to supply Lloyds Pharmacy and other customers with fast deliveries, quality products and excellent customer service.

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